Silver Do You See What I See? Golden cross +800% Still at bottom
Not financial advice.
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Do you see what I see?
We had a golden cross at 17.72
A golden cross is defined when the 200 Month Moving Average cross the 20 Month Moving Average.
Now looking back at the last Golden cross we had a 875% increase in 2700 days.
Yes almost 9 years from the start of the cross to the top.
Also of note we are trying to have a monthly close above 24.00 which breaks us out of this huge triangle.
You can see we are oversold on the Stoch Rsi but saying this gives us a chance to rebuy between 17-21.00 for the long haul and yes the long haul is another 7 years.
But that's okay.
Always practice patience
#PIK
Patience is Key
#Think Like A Whale
Like and follow
Do you see what I see?
We had a golden cross at 17.72
A golden cross is defined when the 200 Month Moving Average cross the 20 Month Moving Average.
Now looking back at the last Golden cross we had a 875% increase in 2700 days.
Yes almost 9 years from the start of the cross to the top.
Also of note we are trying to have a monthly close above 24.00 which breaks us out of this huge triangle.
You can see we are oversold on the Stoch Rsi but saying this gives us a chance to rebuy between 17-21.00 for the long haul and yes the long haul is another 7 years.
But that's okay.
Always practice patience
#PIK
Patience is Key
#Think Like A Whale
Dagangan aktif
We are in what I classify as the value area on silver between 17.00-21.00Don't sleep on this
A death cross setting up on the weekly so a retest of the 17.00 area is okay but we are in wonderful value area. RSI is bottoming on the weekly again😀
Nota
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.